Choice Financial Group
FARGO, ND 58104
⭐ SBA Preferred LenderTop Industries Financed
- Fitness and Recreational Sports Centers
- Full-Service Restaurants
- Limited-Service Restaurants
- All Other Specialty Trade Contractors
- Commercial Screen Printing
Quick Summary
Choice Financial Group is an SBA-approved lender headquartered in FARGO, North Dakota. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 235 SBA 7(a) loans totaling $128.4M, with an average loan size of $547K. They serve businesses across 6 states.
About Choice Financial Group
Choice Financial Group is an SBA-approved lender headquartered in FARGO, North Dakota. Since 2020, they have approved 235 SBA 7(a) loans totaling $128.4M, with an average loan size of $547K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 6 states.
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Frequently Asked Questions
Is Choice Financial Group an SBA Preferred Lender?
Yes, Choice Financial Group is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.
How many SBA loans has Choice Financial Group approved?
According to SBA FOIA public records, Choice Financial Group has approved 235 SBA 7(a) loans totaling $128.4M since 2020. Their average loan size is $547K.
What states does Choice Financial Group serve?
Choice Financial Group serves businesses in 6 states: Arizona, Colorado, Minnesota, North Dakota, South Dakota, Wisconsin.
How do I apply for an SBA loan with Choice Financial Group?
To apply for an SBA 7(a) loan with Choice Financial Group, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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